$1,085,000
Est. payment $4,804/moCalculate yours
2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2
6303 - Queensway Terrace South/Ridgeview, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2
- 4 + 4 Beds
- 4 Baths
- 1,100 Sq Ft
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY MLS® X13177416
About this home
WOW! Exceptional income producing asset with huge future development potential! Prime 58×100 ft lot in the fast growing Baseline Corridor. Fully tenanted 2-unit dwelling (4-bed 2-full bath each unit) producing $83,373/yearly ($6947 monthly). An excellent cash flowing asset with a $57,927 Net Income. High demand rental area. You can decide whether you want to keep it operating as a duplex or redevelop in the future. The New Zoning for the property is MS2, allowing high density development up to 20m height. Ideally located just steps to Algonquin College, College Square, Pinecrest Recreation Centre, transit, shopping, and more. (The New Zoning in force is anticipated Sept 2026). Buy this property today and benefit from the up zoning in the nearest future. Buyers to verify zoning/permitted uses.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 4 + 4
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Finished
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- Wall Unit(s)
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 58 x 100 Feet
- Parking
- Carport garage · 4 total
Financial
- Property Taxes
- $4,467 (2025)
Location
- Neighbourhood
- 6303 - Queensway Terrace South/Ridgeview
- Cross Street
- Baseline Road between Southwood Drive and Centrepointe Drive
- Direction Faces
- North
Listing
- MLS® Number
- X13177416
- Days on Market
- 150
- Listed On
- 2026-05-21
- Possession
- To Be Arranged
- Listed By
- ROYAL LEPAGE INTEGRITY REALTY
Rooms
Features
Interior
- Water Heater Owned
- Upgraded Insulation
- Separate Hydro Meter
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Accessory Apartment
- Carpet Free
Property
- Fenced Yard
- Public Transit
- Rec./Commun.Centre
- School
- School Bus Route
Pool
- None
- Included
- 8 double beds, 8 desks, 8 office chairs, 2 sets of 4 bars stools (8 total), 3 futons, 1 Poang chair, 2 coffee tables, 3 Billy bookcases, window blinds, Boiler (owned), two dryers, two washers, two refrigerators, two stoves, two over the range microwaves, two dishwashers.
- Excluded
- Tenant Belongings
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$4,804 per month
- Principal and interest
- $4,804
- Property tax
- $372
- Condo fees
- $0
- Estimated monthly cost
- $5,176
Your mortgage
- Mortgage amount
- $868,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $573,244
Cash to close
- Down payment
- $217,000
- Land transfer tax
- $18,175
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $235,175
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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